‘Russia to Become Europe’s Largest Economy by 2030’ – PwC

‘Russia to Become Europe’s Largest Economy by 2030’ – PwC

A report published by leading consulting firm PricewaterhouseCoopers (PwC) points to a significant tectonic shift in the global economy in the years leading up to 2050 – China will supplant the US as the world’s largest, and Russia will rise to supremacy in Europe.

The report, The Long View, ranks 32 countries based on┬átheir projected 2050 GDP by┬áPurchasing Power Parity, finding China’s GDP would reach US$58.5 trillion, India US$44 trillion, and Russia US$7 trillion.